A customer previously obtained an Ijarah facility (financial lease) from an Islamic bank in order to procure a building
Fatawa Question
A customer previously obtained an Ijarah facility (financial lease) from an Islamic bank in order to procure a building. The tenor of the facility was 20 years. During the term of the facility, the customer requested the bank to allow for demolition of the existing structure of the building and subsequently replace it with a new structure. Shariah guidance is sought in this regard.
Fatwa
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Publisher
Publication Date
2014-08-13
Country of Publication
Malaysia
Main Subjects
Economics & Business Administration
Islamic Studies
Data Type
Fatawa
Language
English
Record ID
BIM-783196
American Psychological Association (APA)
Hassan, Husayn Hamid. 2014-08-13. A customer previously obtained an Ijarah facility (financial lease) from an Islamic bank in order to procure a building. . Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-783196
Modern Language Association (MLA)
Hassan, Husayn Hamid. A customer previously obtained an Ijarah facility (financial lease) from an Islamic bank in order to procure a building. Kuala Lumpur Malaysia : Islamic Finance News. 2014-08-13.
https://search.emarefa.net/detail/BIM-783196
American Medical Association (AMA)
Hassan, Husayn Hamid. 2014-08-13. A customer previously obtained an Ijarah facility (financial lease) from an Islamic bank in order to procure a building. Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-783196
